Poland to Exit Deficit Procedure by 2013: Rostowski

Poland will bring its public finance sector deficit to below 3% of GDP in 2012 or 2013, meaning it will not longer be liable under the EU's excessive deficit procedure, Finance Minister Jacek Rostowski told Polish news agency PAP.

"Public finance reform will be conducted decisively but gradually, and certainly by 2012 and at the latest by 2013 we will be out of the excessive deficit procedure," Rostowski said.
The government aims to have the public finance sector deficit at 6.9% of GDP in 2010, 5.9% in 2011 and 2.9% in 2012.